$ONG is range-bound, yet the stack says short.
๐Ÿ”ด SHORT $ONG /USDT: expecting price to go DOWN
Bias: SHORT ยท Leaning
Entry: 0.0707300 โ€“ 0.0709900
TP1: 0.0686398 (-3.1%)
TP2: 0.0671596 (-5.2%)
TP3: 0.0649394 (-8.4%)
SL: 0.0738203 (+4.2%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? 5/12 signals agree, 1 against.
โ€ข 4h trend down (below EMA50 & EMA200)
โ€ข 1h trend down (below EMA50 & EMA200)
โ€ข BTC is falling, this coin follows (corr 0.63)
Risk: Range bottom, buyers often step in (RSI z โˆ’2.38)